Enerflex (TSE:EFX) Stock Price Passes Above Two Hundred Day Moving Average – What’s Next?

Shares of Enerflex Ltd. (TSE:EFX – Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$10.14 and traded as high as C$15.10. Enerflex shares last traded at C$15.00, with a volume of 348,092 shares trading hands. Wall Street Analysts Forecast Growth EFX [...]

featured-image

Shares of Enerflex Ltd. ( TSE:EFX – Get Free Report ) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$10.

14 and traded as high as C$15.10. Enerflex shares last traded at C$15.



00, with a volume of 348,092 shares trading hands. Wall Street Analysts Forecast Growth EFX has been the subject of several recent research reports. BMO Capital Markets increased their price target on Enerflex from C$11.

00 to C$15.00 in a research note on Friday, November 15th. ATB Capital increased their price target on Enerflex from C$15.

00 to C$17.00 in a research note on Tuesday, December 10th. TD Securities increased their price target on Enerflex from C$12.

00 to C$15.00 and gave the company a “buy” rating in a research note on Friday, November 15th. Acumen Capital increased their price target on Enerflex from C$12.

00 to C$15.00 in a research note on Friday, November 15th. Finally, Raymond James increased their price target on Enerflex from C$12.

00 to C$13.75 in a research note on Friday, November 15th. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock.

According to data from MarketBeat.com, Enerflex presently has an average rating of “Moderate Buy” and an average target price of C$13.47.

View Our Latest Analysis on Enerflex Enerflex Stock Up 1.8 % Enerflex Increases Dividend The company also recently declared a quarterly dividend, which was paid on Thursday, January 16th. Shareholders of record on Thursday, January 16th were issued a $0.

0375 dividend. The ex-dividend date of this dividend was Tuesday, November 26th. This represents a $0.

15 annualized dividend and a yield of 1.00%. This is a positive change from Enerflex’s previous quarterly dividend of $0.

03. Enerflex’s dividend payout ratio is presently -8.70%.

Insiders Place Their Bets In other news, Director Joanne Linette Cox purchased 2,500 shares of the business’s stock in a transaction on Wednesday, December 11th. The shares were acquired at an average price of C$13.65 per share, for a total transaction of C$34,115.

00. Corporate insiders own 0.49% of the company’s stock.

Enerflex Company Profile ( Get Free Report ) Enerflex Ltd. offers energy infrastructure and energy transition solutions to natural gas markets in North America, Latin America, and the Eastern Hemisphere. The company provides natural gas compression infrastructure, processing, and treated water infrastructure under contract to oil and natural gas customers; power generation rental solutions; custom and standard compression packages for reciprocating and screw compressor applications; re-engineering, re-configuration, and re-packaging of compressors for various field applications; integrated turnkey power generation, gas compression, processing facilities, natural gas compression, processing, and electric power solutions; after-market mechanical services and parts distribution, as well as maintenance solutions to the oil and natural gas industry, operations, and overhaul services; and equipment supply, parts supply, and general asset management.

See Also Five stocks we like better than Enerflex The Risks of Owning Bonds Why Energy Transfer Stock Could Soar to New Highs in 2025 Insider Selling Explained: Can it Inform Your Investing Choices? 3 Buy-and-Hold Stocks for Long-Term Growth Using the MarketBeat Stock Split Calculator Despite Short-Term Risks Freeport McMoran Worth a Look Receive News & Ratings for Enerflex Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enerflex and related companies with MarketBeat.com's FREE daily email newsletter ..